Map of Ghana Ghana

Total REDD+ Finance Committed:

$98,241,539

Total REDD+ Finance Disbursed:

$29,340,550

Ghana is reported to have one of the highest deforestation rates in Africa, at around 2% per year, according to FAO data. To combat this loss, Ghana is in the process of building a national strategy to reduce greenhouse gas emissions from forest loss and degradation, with the support of the World Bank´s Forest Carbon Partnership Facility (FCPF) and Forest Investment Program (FIP), as well as private donors.

Ghana’s FIP Investment Plan was approved in 2012 and is managed by the Ministry of Lands and Natural Resources (MLNR). Ghana intends to utilize FIP investments to address some of the underlying drivers of deforestation and to catalyze transformational change in the forestry sector. The FIP represents the biggest commitment to REDD+ in Ghana. By the end of 2014, US$59 million had been committed in FIP funding, representing 60% of total funding for REDD+ activities in Ghana.

Ghana has also received significant support from the FCPF Readiness Fund, and is one of only eleven countries invited into the Carbon Fund pipeline. An Emission Reduction Payment Agreement (ERPA) was recently signed which intends to enable up to US$50 million in performance based payments for Emission Reductions between 2016 and 2020.

Donors

Main donors, and levels of funding committed and disbursed to Ghana between 2009 and 2014:

Proportional total donor commitments and disbursements, 2009-2014

 

Donor commitments by country and continent, 2009-2014

 
   
  • Proportional total donor commitments and disbursements, 2009-2014

    Chart Description

    This chart shows the relative levels of funding committed by donors and international intermediaries to Ghanaian in-country recipients, as well as the proportion disbursed to their recipients, through 2014. Multilateral institutions, donor governments and the government of Ghana itself have made the largest commitments overall. Many of the smaller donors and those that made commitments early on, in 2009 and 2010, had disbursed the majority of their committed funding by the end of 2014, while the larger donors and those whose commitments are more recent tend to have much lower disbursement rates.

    Donor government agencies, international NGOs, private foundations and the private sector had disbursed the majority of their commitments. Ghanaian government agencies, such as the Forestry Commission (FC) and the Forestry Research Institute of Ghana (FORIG), had also disbursed a large portion of their commitments (100% and 97%, respectively), but the Ministry of Lands & Natural Resources of Ghana had yet to disburse any of its commitments under the Forest Investment Program (FIP).

    Multilateral institutions have low overall disbursements rates, mostly due to the slow-moving nature of the FIP program thus far. The World Bank and the African Development Bank (AfDB) had only disbursed a tiny portion of their committed FIP funding, while the International Finance Corporation (IFC) had not disbursed any of its FIP funding. The World Bank’s FCPF had only disbursed 37% of its commitments, while the International Tropical Timber Organization (ITTO) and the Global Environment Facility (GEF) had disbursed larger shares of their commitments. In most of these cases, the low disbursement rates among multilateral donors are at least partly attributable to the fact that many of these commitments were only made in 2013 or 2014.

    Relevant Frequently Asked Questions

  • Donor commitments by country and continent, 2009-2014

    Chart Description

    The map gives a geographic distribution of the main countries and donors committing funds to Ghana, and cumulative support by donor country and continent. Multilaterals and other types of internationally-based donors are not attributed with a fixed geographical location (shown in purple).

    Multilateral institutions have made the largest commitments (US$66.1 million), accounting for 67% of all funding commitmented to Ghana. Japan, the USA, and a host of European donor governments are together the second largest bloc of donors, while the government of Ghana is the most significant non-multilateral donor entity, having committing US$7.9 million in co-financing from 2009 through 2014.